Published May 23, 2026 Updated about 2 hours ago By Recorder Report KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has officially, as part of the Proposals for the Federal Budget 2026-2027, strongly advocated for the immediate reinstatement of the Final Tax Regime (FTR) for exporters of goods. The apex trade body, in its budget proposals, has highlighted that the previous withdrawal of the FTR has severely hindered the export sector by introducing critical operational bottlenecks, he added. Sheikh stressed that the removal of FTR has resulted in a significant increase in compliance requirements and extensive documentation for exporters. Furthermore, this policy shift has fuelled tax-related uncertainty and led to a rise in audit harassment –diminishing the ease of doing business for the export community. He emphasised the urgent need for a policy reversal to protect the nation’s economic recovery. He said the withdrawal of the Final Tax Regime for exporters of goods has significantly increased compliance requirements, documentation, tax-related uncertainty and excessive audit hassles. It is our core recommendation to reinstate the FTR for exporters as a full and final liability to reduce this severe compliance burden on the business community, he added. Sheikh…